https://knews.kathimerini.com.cy/en/comment/opinion/israel-should-be-alarmed
Israel faces the risk of losing the support of its traditional allies, as well as the perception of invincibility, both of which are crucial for a relatively young state confronting existential threats....
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/covid-19-novavax-vaccine-now-available-for-18-and-older
As of Thursday 21/12/2023, the Nuvaxovid HBV.1.5 COVID-19 vaccine by Novavax will be available for people over 18 years of age, the Ministry of Health said in a statement....
https://knews.kathimerini.com.cy/en/news/israel-proposes-hezbollah-relocation-6-miles-from-border
In a bid to alleviate tensions with Lebanon, Israel has communicated to the Biden administration its desire to push Hezbollah's forces approximately 6 miles away from the border....
https://knews.kathimerini.com.cy/en/news/thousands-flee-as-iceland-s-volcano-roars-to-life
Molten rock is putting on a fiery show in Iceland as a volcano erupts following weeks of seismic activity. The Icelandic Meteorological Office reports lava spewing from a 3.5km crack in the Reykjanes peninsula, triggering rapid growth....
https://knews.kathimerini.com.cy/en/news/eu-s-schinas-criticizes-veto-use-stresses-need-for-compromise
European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....
https://knews.kathimerini.com.cy/en/news/pharmacist-on-brink-of-license-revocation-over-degree-dispute
A pharmacist, whose credentials recently came under scrutiny by the state's Pharmacy Services, is now at risk of losing her license....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/european-data-shows-low-interest-payouts-by-cypriot-banks
Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....
https://knews.kathimerini.com.cy/en/news/tesla-recalls-over-2m-vehicles-following-autopilot-safety-concerns
In response to safety concerns related to its Autopilot system, Tesla is initiating a massive recall, impacting more than 2 million vehicles across its entire model range....
https://knews.kathimerini.com.cy/en/news/biden-warns-israel-as-derogatory-soldier-videos-surface
President Joe Biden, a staunch supporter of Israel, broke from tradition by openly criticizing the Israeli government's approach to the two-state solution....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-ceo-on-65-years-challenges-and-future-strategies
Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....
https://knews.kathimerini.com.cy/en/news/cyprus-consortium-s-march-deadline-for-aphrodite-gas-field-revamp
The consortium licensed for Cyprus’ ''Aphrodite'' gas field will update the development and production plan of the field by March 31, as announced by the Minister of Energy, Commerce, and Industry, George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/billionaires-choose-abu-dhabi-as-global-wealth-safe-haven
In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....
https://knews.kathimerini.com.cy/en/business/crisis-averted-as-cyprus-and-chevron-reach-compromise
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the manager of the Aphrodite field, can be seen as a compromise satisfying both parties. ...
https://knews.kathimerini.com.cy/en/news/postal-workers-strike-over-burnout-and-job-insecurity
In a decisive move, 300 members of the Branch Council of Postal Distributors, part of the Pancyprian union "Equality," launched a strike today, set to last until Friday....
https://knews.kathimerini.com.cy/en/news/super-league-matches-go-silent-for-two-months
The Greek government has asked the Super League to hold championship matches without spectators for two months because of the risk of trouble....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-receives-positive-rating-boost
Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...
https://knews.kathimerini.com.cy/en/news/us-vetoes-un-cease-fire-resolution-in-gaza-escalating-tensions
Friday marked a contentious day at the United Nations as the United States took a solitary stand, vetoing a resolution calling for an urgent cease-fire in Gaza....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-uptick-in-covid-19-cases-amid-winter-surge
Dr. Christos Charalambous, from the Epidemiological Surveillance and Control of Infectious Diseases Unit of the Health Ministry, reported a slight increase in COVID-19 cases in Cyprus in recent days....
https://knews.kathimerini.com.cy/en/news/student-attacks-bus-driver-mid-route-to-parekklisia
The director of Limassol Passenger Transport Company (EMEL), George Kyriakou, reported an attack on a bus driver en route from Limassol high school to the Parekklisia community....
https://knews.kathimerini.com.cy/en/news/banks-fail-menendez-s-quiz-on-$4-billion-consumer-paybacks
In a fiery congressional hearing on Wednesday, Senator Bob Menendez targeted Wall Street's top executives, putting them in the hot seat with a pop quiz on their firms' financial misdeeds....
https://knews.kathimerini.com.cy/en/news/how-locals-can-mitigate-the-risks-of-cyprus-new-citizenship-rules-to-attract-tech-talent
Cyprus's recent initiative to boost its technology sector by offering tax breaks and fast-track naturalization to third-party nationals is a strategic move that could significantly reshape its economy and society....
https://knews.kathimerini.com.cy/en/news/erdogan-my-friend-kyriakos-we-will-not-threaten-you-if-you-do-not-threaten-us
Turkish President Recep Tayyip Erdogan talks about all issues concerning Greek-Turkish relations in an exclusive interview with K, twenty-four hours before he arrives in Athens, stressing that he is looking forward to "a new page" based on the ''win-win principle''....
https://knews.kathimerini.com.cy/en/news/christmas-in-europe-raises-terrorism-concerns-amid-israel-hamas-conflict
EU Home Affairs Commissioner Ilva Johansson issued a stark warning about the escalating risk of terrorist attacks in Europe, attributing it to the polarization fueled by the ongoing Israel-Hamas conflict. ...
https://knews.kathimerini.com.cy/en/news/critical-battle-looms-as-parliament-debates-foreclosure-legislation
Background consultations are in progress to prepare amendments to the legislative package on divestments, set for submission to the Parliament Plenary on Friday for a vote....
https://knews.kathimerini.com.cy/en/news/europeans-have-grown-weary-of-welcoming-asylum-seekers
Negotiations for the EU Pact on Migration and Asylum are nearing completion, set to be finalized this month. Contrary to expectations, the pact is anticipated to exacerbate rather than remedy the EU's asylum and reception challenges....
https://knews.kathimerini.com.cy/en/business/apoel-seeks-investors-amidst-financial-challenges
In a recent development brought to light by 24sports, the revelation that a Cypriot team is on the market through Mergerscorp has ignited discussions across the internet. ...
https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult
In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....
